Now Honda Civic Hybrid Cheaper by Rs. 8 lakh
Posted on November 12th 2008Welcome back!
Honda has cut the cost of its Honda Civic Hybrid cars in the country by Rs. 8 lakh, since it seeks to increase sales of its environment-friendly car in market.
After price cut, the Civic will be price at Rs. 13.36 lakh, compared with its launch cost of Rs. 21.5 lakh. This is 1st time in company’s more than decade presence in Indian market, which is absorbing a full impact of a cost cut, is choosing to the formal cost cut to sale its cars.The Honda Civic (Hybrid) was launched in June 2008 and had created great interest among customers; however its high cost meant sales were few.Honda had just handled to sell 60 units of Civic till date. In compare, the petrol edition of Civic, introduced in Indian market in July’08, sold 5236 cars in 7 months of this financial year.
We have taken a hit on the price to offer this eco-friendly technology to potential customers. There have been thousands of enquiries for the Hybrid, which had not culminated in actual sales.
-Mr. Jnaneshwar Sen (Honda Siel VP).
By editor in Auto India News, Auto Industry News, Honda
AKASH responded on 13 Nov 2008 at 12:50 pm #
how??? can it happen its amazing i will rush to the showroom immediately because it is happening first time in india.as it is the latest technology car running
AKASH responded on 13 Nov 2008 at 12:50 pm #
its a revolutionary car
anand gilda responded on 14 Nov 2008 at 5:37 am #
its amizing, ismy dream car . but if ths sutiable for indian road? i didnt know about ground clearance.
dreamthecar responded on 17 Nov 2008 at 4:34 am #
This is a one big leap from Honda. Such a big discount on Civic hybrid is definitely a bold decision.The Honda sales are going to touch the sky.
Rahul,
Indian Car Advisor